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Johnson says Brexit deadline is ‘do or die’

Fears about an increased likelihood of a no-deal Brexit are weighing on the pound this morning, following comments by Boris Johnson that the 31st October deadline is ‘do or die, come what may’.

The euro is benefitting from this weakness, up against the pound despite poorer-than-expected economic figures out of Germany. The dollar is also up against the pound as the Federal Reserve appeared to take a less dovish stance on interest rates than had been generally expected.

Worries over Brexit don’t need to put you off making international transfers or purchases. With a forward contract, you can lock in your exchange rate for up to twelve months. Even if the markets move, it won’t impact your budget. Find out more by calling your Personal Trader today on 020 7898 0541.

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